Merck Signs $2B Deal to Develop Weight Loss Pill with Chinese Firm
Merck, a leading global pharmaceutical company, has entered into a significant licensing agreement with a Chinese pharmaceutical …
If we recall what technology was like 20 years ago and take a giant leap to 2021, there’s been a tremendous change. Suppose you’ve been around long enough to recall. In that case, you’re most likely going to shudder at the idea: massive development and implementation of projects focused around a monolithic on-premise enterprise resource planning (ERP) framework, which may require 5 or 10 years to carry out and complete.
Fast-forward to today, and we’re in a faster, agile, and more connected world. Yet, it’s a world that many organizations are striving to get their heads around. Why? Since we’re presently at the peak of inflection, companies are finding ways to use digital to transform their business to keep pace. Getting it done right isn’t even an option now; it’s become imperative to survive and endure.
After the age of gigantic ERP projects in the ’80s and ’90s, we hit the noughties, where some keen and smart individuals began to integrate digital into their enterprise system. Presently, all the fragmented pieces of digital implemented in places are now being integrated and connected to take response and functionality to the next level. By balancing technology and innovation with business understanding and valuable human insights—connectivity powers the experience for customers and workers in this digital era.
In recent years, vendors have been expanding their visions and services to embrace Cloud solutions. Simple recognition of significant technology has become a crucial enabler for the drastic change in making digital tech a necessity today. A great deal of work goes into helping clients know and understand the relevance and importance of the opportunities put forth. And as time flies, so will the pace.
As for companies of various sectors, the shift to cloud platforms is not a question of if but when. Since most of the large platforms have gone digital, they can be connected all the more effectively, scaled down to bite-sized methods instead of big-bang approaches.
This is why we are all at a turning point companies will either have to seize whatever opportunities digital throws or face the real threats and survive somehow. Take retail, for example. Although physical stores still play a vital role today, recent surveys tell us that even a well-known brand has no protection if the brand fails to move with the digital times.
Companies ought to be perceiving that progressive change includes exploring through a mind-boggling grid of choices – it’s not just about frameworks, it’s about clients, representatives, supply chain, and the sky is the limit from there.
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Merck, a leading global pharmaceutical company, has entered into a significant licensing agreement with a Chinese pharmaceutical …
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